5G seen accounting for 57% of mobile subscriptions in India by 2028 end: Ericsson report

The 5G subscription in India is estimated to have reached about 10 million by 2022 end, and is seen accounting for about 57 per cent of mobile subscriptions in the country by the end of 2028, making it “the fastest growing” 5G region globally, according to Ericsson Mobility Report.

With the launch of 5G services in October 2022, the major 5G Indian market is witnessing huge network deployments under its Digital India initiative, it observed.

The geopolitical challenges and macroeconomic slowdown in some markets notwithstanding, communications service providers globally are continuing to invest in 5G, the June 2023 edition of the Ericsson Mobility Report revealed.